Page 17 - Spanish Law News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To embed, copy and paste the code into your website or blog: The recent decision of the Spanish Constitutional Court will be of great interest to parties, who are choosing the seat of arbitration when concluding the arbitration clause in their contract or when submitting a pre-existing dispute to arbitration. This is because the seat of arbitration is the forum where an arbitral award can be challenged i.e., sought to be annulled, and so considered null and void.  This can, in turn, significantly decrease the chances of the award being recognized and enforced by courts of other jurisdictions where the assets to satisfy the award may be located. It is therefore important for the parties to be assured that the relevant courts of the seat show deference to the arbitral tribunal’s findings and do not seek to “re-open” the merits of the case decided in the award. It is this assurance that the First Chamber of the Spanish Constitutional Court gave in its decision of 15 February 202

New yorkUnited statesEstefania mendivilSpanish constitutional courtMadrid high courtConstitutional courtYork conventionFirst chamberHigh courtSpanish lawNew york conventionபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்ஸ்பானிஷ் அரசியலமைப்பு நீதிமன்றம்மாட்ரிட் உயர் நீதிமன்றம்அரசியலமைப்பு நீதிமன்றம்